According to a study conducted by NewClimate Institute, some of the world's largest corporations are failing to live up to claims that they will achieve net-zero emissions targets, reducing carbon emissions by only 40% rather than the projected 100%. Amazon, Ikea, Nestlé, and Unilever are among the companies named as having little substance behind their emission reduction claims.
The Germany-based NewClimate Institute and Belgian non-profit organizations Carbon Market Watch jointly published the Corporate Climate Responsibility Monitor, in which companies were scored on criteria such as their climate targets, offsetting plan, reliability of those offsets, emission reduction progress, as well as their target-setting and corporate reporting transparency.
